The Bill Collector Letter That Finally Gets Rid of Them

By Sean Payne

Remember that feeling you got when the letter from the bill collector came in the mail? Remember the cold feeling in your gut when you realized that you owed money that you couldn't repay? And after that, the phone calls and additional letters hounding you for the money that you knew you didn't have.

It's time to turn the tables. It's time to learn your rights and to exercise them.

There's a Federal law called the Fair Debt Collection Practices Act that outlines exactly what a collector can and cannot do to collect on a debt. The FDCPA, as it is called, sets limits on when and how a debt collector can contact you.

An example of what a debt collector can't do is to call you at work, unless they're doing it to find out a telephone number to call you at your house. They're also not allowed to inform other people, such as your employer, about any debts that you owe.

In addition, debt collection agents can't continue to call or contact you about your debt if you tell them that they can no longer do so. And that is what we're going to learn about how to do.

The magic letter to bill collectors is made up of two parts:

The first is any identifying information for you. This would include your name, home address, and account number for the account in question, as well as any other information they will need to identify you as the account holder for the debt in question.

The second part is to let them know that you want them to stop communicating with you, period.

This is all that the FDCPA requires you to do to stop the bill collector from contacting or harassing you in the future. The only additional correspondence that the bill collector can send to you is a letter notifying you that they will stop contacting you, and whether or not they intend to pursue legal action in order to collect on the debt.

When you send this letter, it's always good to send it by certified mail with a delivery receipt requested. The delivery receipt lets you know that the debt collector actually received the letter. Make sure that you keep this receipt in case you ever have to prove that they received the letter.

According to the rules of the FDCPA, if the debt collector continues to contact you in the future, they're in violation of the law. You then have the right to report them to the FTC, which is the agency that actually enforces the FDCPA. After you've notified the FTC about the legal violation by the debt collector, the FTC can take legal action against the debt collector on your behalf.

Don't forget that even if you notify the debt collector not to contact you anymore, they can still pursue you via legal action if they want to collect on the debt. The letter I've described can only keep debt collectors from harassing you. It can't keep them from suing you in a court of law if they still intend to collect on the debt. - 23217

About the Author:

Sean Payne can teach you plenty about how to get out of debt. After more than a decade of learning about how to get out of debt, he has developed a powerful strategy to keep bill collectors from calling. You can discover his secrets for paying off debt at his amazing website.

What You Need to Know Before Getting New Jersey Life insurance Quotes

By Neil Johnson

New Jersey life insurance allows you to protect your family should something happen to you or your spouse. Whether both are providers or only one parent, making sure that there is enough money in the event of a death is critical to providing for a family in the future. You just want to make sure that you get the best New Jersey life insurance quotes as easily and cheaply as possible.

If you want New Jersey no exam life insurance you will usually get that from an employer or job. However, before you sign up for that make sure that you understand what the coverage is. The majority of employer provided New Jersey life insurance covers up to 2 years of your earnings and many experts feel that is not enough. You can then by additional coverage either through your employer on your own. First look at what you feel is the amount of money needed to protect your family well into the future and then decide.

The internet has so many online New Jersey life insurance companies that makes it possible for you to quickly learn more about life insurance and can even give you free New Jersey life insurance quotes. New Jersey online insurance quote sites have a contractual relationship with several companies and can give the best insurance policy based on your specific requirements.

All you have to do is complete a simple online form that is then submitted to several New Jersey life insurance companies that compete to send you the best New Jersey life insurance quote. If you want you can even complete the purchase right there online. It also allows you to get lower New Jersey life insurance quotes than other options. There is lower overhead and no commissions to agents included in your quotes.

Traditional financial advisors or agents are also an option. It can be complicated in deciding which type of insurance you might want. Licensed insurance agents can review your situation and budget to help you determine what to get at a price that you can afford.

With over 73% of insurance shoppers beginning their search online that might well be the best place to start for you as well. It also allows you to find out about the different types of New Jersey life insurance policies available, which will make you a more knowledgeable shopper. You can quickly and easily have several quotes in a matter of minutes. All you need to do is complete a simple form, submit it and your quotes will be back in an instant. It also allows you to benefit and get several companies competing for your business and therefore, you will get the best rates.

Once youve completed your review of your plans, you might want to ask an agent to give you a review of your New Jersey life insurance quotes. That allows you to get the great rates from online shopping while having a professional check your plan. - 23217

About the Author:

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The Idea Behind A Day Trading Penny Stock Technique

By Malcolm Torren

There is a new trading technique done by some active penny stock investors these days. This is called the day trading technique. The basic idea is to gain profit on the very same day the investment is made. This should be done fast and with conscious accuracy. Some small cap investors do this day trading penny stock method in as little time possible. If there is such a policy on this method, one hour is a wait too long.

This technique emerged when there was a recent lowdown on the stock market. Brokerage firms started giving discounts to the stocks. As an effect, this new strategy was developed. It's scheming but it is acceptable since the procedure does not violate any rule. The day trading penny stock method is made in three stages:

1. Your Point of entry. Penny shares are pegged in at a cheap price. That's the usual start up for small cap investments. A company sells in their shares to a broker and investments are expected to come in. When they do, the shares start selling back at higher rates.

2. Your Stock Breaks - This is the point when your stocks start breaking down. If you are not vigilant and don't act fast you will lose more from your investment money. Technical softwares are being used to do the day trading penny stock monitoring of these stocks. It includes features that prompt you when your stocks start to plunge.

3. Your Point Of Exit - When your stocks reach a break point, day traders position for an exit. This will effectively close the stock price. Normally, day traders safely chose a position point to close the trade when the stocks are at the closest exit price. If this is not done immediately, there will be more loss that will happen.

These steps belong to one method. There can be other specially developed ideas that haven't been readily accepted yet. The point of the entire day trading penny stock goal is to close the stock price the moment you hit your margin. By that it means that when you start selling the shares, set a personal profit margin on your own. Then observe your investment. Close your position when you get your mark.

There are also some day traders who would somewhat make a compromise on his or her potential earnings by percentage. To further explain, supposing the day trading penny stock starting price is fifty cents per share with a minimum share stock of 1,000. The total buying price for that would be $500. When your share's price goes up to say $1.50 that means you're already in good hands. Then suddenly it starts to go down and at that moment, your share is at 90 cents per share. To stop your potential loss, you set an exit position closing the sale. - 23217

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Information on the Forex Exchange Market

By Raul Smith

The foreign exchange market is also referred to as FX or it's also seen to be synonymous with the forex. All 3 of these have identical meaning, and that is the clientele of trading among various banks, businesses, companies and government bodies that are placed in various countries. The fast paced financial marketplace will always alter leaving necessary transactions to be looked after by brokers and banks.

As more and more people start to set up businesses online, many scams have evolved to rip off those people who don't know that a licensed broker needs to oversee all market transactions and do so with approval from foreign markets. Stocks, cash and monies are exchanged through these foreign exchanges and forex will need to participate when currencies are traded between one another. Imagine going on a journey to a far away country. Where is a good place to exchange your cash for the currency from the country you are visiting? This is the way forex trades, and it isn't readily available in every single bank or financial business because forex is a particularized market service.

Small business and individuals often times looking to make a huge sum of money quick can easily become the victims of scams when discovering about the foreign exchanges and forex. As forex is seen as how to make a quick buck or two, people don't question their participation in such an event, but if you are not investing money through a broker in the FOREX market, your money is likely to be lost.

Here are some scams to steer clear of:

Forex scams involve making trades but fake results will become evident and you'll not have an opportunity of getting your money back once you have invested it. Investing your finances with a financial firm who says they are experienced in trading in foreign markets, you will want to do some background checks to ensure they are permitted to do business in your country. Fraudulent businesses aren't allowed in the forex market, as they have defrauded investors before.

Over the past five years and along with the assistance of the internet, forex trading and the awareness of forex trading has become all the rage. Banking institutions are the top of the line for forex exchanges to occur, where a licensed forex broker is going to complete transactions and requirements you set forth. The forex broker makes commissions for every deal, and this is the normal way of the stock trade business.

It is vital to discover information about the foreign exchanges, and in practicing so can you prepare yourself for making the most informed market trades. You need to be able to rely on a piece of software that helps you make forex trades with confidence. Consult with your financial broker or your bank to discover the most you can about the forex markets and also tips on avoiding being the victim while investing in these markets. - 23217

About the Author:

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Double Your Returns Using A Stock Trading Strategy Based On Elliot Wave Analysis

By James P Kupe

Something all investors should consider before to making an investment decision is this: What is the current trend direction of the market right now? A working knowledge of Elliott Wave analysis can help to answer this question. By understanding the waves, we can often confidently know if the market is most likely to go up, down or sideways.

The goal of understanding Elliott Wave Theory is to identify whether the market is trending or is in a counter-trend to the major trend. Understanding these patterns can help you to profitably forecast where the market is likely to go next, and position yourself accordingly.

There are three important elements to Elliott Wave Theory

Pattern - Is the market currently trending up or down? Is it in an impulse wave or a corrective wave?

Price - When the market has completed an impulse move, how far will it correct?

Time - How long will the market continue to trend in its current direction?

A normal bull or up trend has a series of higher highs and higher lows, while a bear trend is characterized by a series of lower lows and lower highs. These regular wave patterns can be seen in the market at all time periods - intra day, daily, weekly, monthly and even yearly for major trends.

When any market corrects, the major support and resistance ratios are .382, 50% and .618 and 100% of it's previous ranges. And it's important to remember that these reactions can be measured in both time and price. So if a bull market were trending strongly, you would expect an average correction to retrace around 50% of the previous leg up in both time and price.

The shallower the retracement before the trend resumes, the stronger the trend is deemed to be. As an example, let's say a stock rallies $5.00 in 60 days. You would assume a 'normal' correction to be around $2.50 and take 30 days. If the market retraced only .382 in price ($1.91) and time (23 days), and then gave a signal that it was starting to resume the rally, it would put the Stock in a very strong (bullish) position.

The major importance of understanding the Elliott Wave pattern for traders in the markets you watch is to determine the direction of the dominant trend. We always want to trade with the main trend, and if possible, enter at the end of corrections to the main trend so we can maximize our profit from the next move. But here's the problem - how do you know the correction is ending and the major trend is resuming?

There are any number of 'entry triggers' people use to enter trends - Moving Average crossovers, trend line breaks, higher highs and lows on our Swing Charts, etc. Your main goal as a trader is to find an entry trigger you are comfortable with, something that has a proven history of reliably identifying the beginning of fast moving trends, and then take every signal that system gives you. Once you are in a position, implement a trailing stop loss system that takes you out of your trades when each trend comes to an end.

This is how professional traders beat everyone else, and when you do this too, your trading will become much less stressful and your account balance will have a chance to consistently grow over time. - 23217

About the Author:

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